Letong Chemical Co.,LTD Reports Earnings Results for the First Quarter Ended March 31, 2022
April 28, 2022 at 10:57 am
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Letong Chemical Co.,LTD reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was CNY 100.81 million compared to CNY 89.57 million a year ago. Revenue was CNY 100.81 million compared to CNY 89.57 million a year ago. Net loss was CNY 4.58 million compared to CNY 3.27 million a year ago. Basic loss per share from continuing operations was CNY 0.023 compared to CNY 0.016 a year ago. Diluted loss per share from continuing operations was CNY 0.023 compared to CNY 0.016 a year ago.
Letong Chemical Co., LTD is principally engaged in the development, production and distribution of ink products. The Company primarily provides gravure ink, including label ink, composite ink and polyvinyl chloride (PVC) ink; special ink; flexographic ink; screen printing ink; offset printing ink and others. The Companyâs ink products can be applied in food packaging, cigarette packaging, wine packaging and other fields. The Company is also engaged in Internet advertising marketing business. The Company distributes its products in domestic market and to overseas markets.